AUD/USD above 0.6410 after closing Friday -0.20% at 0.6403

Mood in Asia buoyant after Wall Street gain and move by China to encourage equity buying nL1N3A804W

AUD/USD resistance at the 10-day MA at 0.6423 and 21-day MA at 0.6793

Support is at the August 17 and 20-23 low at 0.6365 with bids eyed at 0.6380

Aus July retail sales for out today with +0.3% expected after -0.8% in June

AUD/USD outlook remains bearish, as China economic woes continue to weigh

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